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Asian firms 'still not ready for new hedge accounting'

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With less than six months to go before hedge and financial-assets accounting is overhauled worldwide - with the largest impact expected for banks and financial institutions - preparers in Asia appear to be less than ready for it.

Singapore

WITH less than six months to go before hedge and financial-assets accounting is overhauled worldwide - with the largest impact expected for banks and financial institutions - preparers in Asia appear to be less than ready for it.

A survey of 189 companies in 13 Asian

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